Q3 Results: Symphony, Heritage Foods See Sharp Profit Decline; One Declares Dividend

• Symphony and Heritage Foods, both BSE 1000 companies, announced their Q3 results after market close on Wednesday.
• Symphony's net profit plunged 39.5% to ₹81 crore, with revenue down 32.2% and EBITDA falling 59.5%.
• Symphony declared a third interim dividend of ₹2 per equity share, payable by February 22, 2026.
• Heritage Foods' net profit decreased by 19.8% to ₹34.5 crore, though its revenue increased by 8.2%.
• Heritage Foods' EBITDA dropped 15%, leading to a decline in its EBITDA margin to 5.6%.

Why It Matters: Symphony and Heritage Foods reported significant profit declines in Q3, despite one declaring a dividend.